Sees

Despite the current bearish landscape in natural gas market fundamentals, Raymond James analyst J. Marshall Adkins said he sees a “continued rebound in gas prices” going into 2007 as “the natural gas overhang experienced throughout the injection season will dissipate.” As a result the analyst’s group is still predicting $10 Henry Hub gas for the entirety of 2007.

From coalbed methane to digester gas, solar photovoltaics to wind generation, natural gas has a stake in the burgeoning push for energy alternatives that now sees 22 states and the District of Columbia enacting renewable portfolio goals for electricity production, a panel of gas industry executives told The LDC Forum: Rockies & West Tuesday in Los Angeles.

From coalbed methane to digester gas, solar photovoltaics to wind generation, natural gas has a stake in the burgeoning push for energy alternatives that now sees 22 states and the District of Columbia enacting renewable portfolio goals for electricity production, a panel of gas industry executives told The LDC Forum: Rockies & West Tuesday in Los Angeles.

San Diego-based Sempra Energy sees energy trading as an “integral part” of its overall business, providing a useful window on market imbalances that can lead to capital investment opportunities, according to CFO Mark Snell, who spoke Thursday at the Merrill Lynch Global Power and Gas Leaders Conference in New York City.

The four-month-old Conservative government in Canada sees the long-awaited time for arctic gas to flow as arriving, according to Indian Affairs and Northern Development Minister Jim Prentice, a close associate of Prime Minister Stephen Harper.

A new study released last Tuesday sees “unprecedented opportunities” for the development of 52,000 MW of new capacity over the next 15 years to meet the demand for renewable energy, which could potentially steal market share from natural gas.

A new study released Tuesday sees “unprecedented opportunities” for the development of 52,000 MW of new capacity over the next 15 years to meet the demand for renewable energy, which could potentially steal market share from natural gas.

Expecting it to be the complete opposite of current weather conditions, WSI Corp. said Monday that the February-April period should bring cooler-than-normal temperatures generally south and east of a line from Phoenix to Dallas to Raleigh, NC, with warmer-than-normal temperatures to be the rule elsewhere, especially in the northern tier of states.

While revising its forecast for natural gas prices in 2005 upward, the R.W. Beck consulting firm still is keeping the target well under $6 at the Henry Hub despite average 2004 prices of $6.13/MMBtu, 30 cents above its forecast. The group moved its annual estimate for 2005 from $5.49 to $5.68/MMBtu.